LaunchIt - Lean Startup Training for Start-ups and Early Stage Companies
Prime your business for product launch and/or investment
Prepare an investor- or consumer-oriented pitch
Intensive 10-week course with coaching
Understand the value of a Minimal Viable Product
Validate your market prior to launch
The Lean LaunchPad Approach
Entrepreneurs will utilize the Lean LaunchPad methodology and the Business Model Canvas to brainstorm nine building blocks that constitute their businesses. They’ll practice evidence-based entrepreneurship as they learn how to use a business model to brainstorm each part of a company and customer development to get out of the classroom to validate customer interest. Finally, based on the customer and market feedback gathered, they will use agile development to rapidly iterate their product or concept to build/design something customers will actually buy and use.
Expected Deliverables: validated market, validated business model, investor- or consumer-oriented pitch deck, refined elevator pitch
Who Should Attend
- Startups and early stage companies of all kinds
- Established companies planning to launch a new product or initiative
- Entrepreneurs should expect to spend about 30 minutes each week listening to the Steve Blank Udacity course “How to Build a Startup” (https://www.udacity.com/course/ep245)
- Entrepreneurs should expect to spend at least five hours each week outside of class conducting interviews and updating their canvases.
- Entrepreneurs should be ready to present their updated Business Model Canvas to the group, every second or third meeting.
Build Your Network for Success
What many entrepreneurs like best about our program are the contacts they make. Each week begins with a presentation by a successful member of the local business community. Collectively they address a range of important topics – marketing, legal structure, sources of capital and more. After the featured presention, entrepreneurs work in smaller groups with a business coach. Our coaches are knowledgeable entrepreneurs with an in-depth understanding of launching and growing a business. The LaunchIt program is an ideal setting to establish productive relationships with the speakers, coaches and fellow entrepreneurs.
Classes: will meet one evening a week for 10 weeks from 6-9 pm on Thursday evenings from February 16, 2017 to April 20, 2017, inclusive
Location: iHub (204 S. Floyd) on JD Nichols Campus for Innovation & Entrepreneurship
Cost is $895 per person; cost for second and third person involved in the same startup or business is $250/person.
Tuition Assistance for Spring 2017
Veterans: University of Louisville VetStart program will cover tuition costs and startup funds for up to five veterans. Details and the application may be found at http://nucleusky.com/nucleus-launchit-program. Application deadline, including submission of all required documents, is Friday, January 27, 2017; successful veteran applicants will be notified of their acceptance by February 3, 2017.
University of Louisville faculty, staff, students: The University of Louisville NSF I-Corps Site program offers a competitive opportunity to full-time UofL faculty, staff and students for up to $2,500 to cover the cost of LaunchIt and other eligible expenses. A pre-proposal is required; contact Rob Kenyton at email@example.com to request the application.
Community Service Microbusiness Program: Business owners with household income at or below 80% of AMI may qualify for full tuition assistance; information on eligibility and other requirements at www.louisvilleky.gov/csr or contact Derrick Mitchell at 502-574-5866 or Derrick.Mitchell@louisvilleky.gov.
Space is Limited
Registrations will be accepted through February 8, 2017 or until class limit has been attained. Please note that your registration will not be considered complete until Nucleus has received payment.
Not Sure This Program is for You?
Attend a Lunch & Learn on Thursday, February 2, 2017 from 12-1 pm in the Nucleus TechCenter (201 E. Jefferson Street, Louisville, KY 40202) third floor conference room. Coaches and previous program attendees will be available to answer questions; lunch provided. RSVP firstname.lastname@example.org
Check out this LAUNCHIT VIDEO with insights by LaunchIt Coaches and LaunchIt Graduates.